Month: May 2016

The Obama administration announced Tuesday a plan to forgive $7.7 billion in federal student loans held by an estimated 387,000 permanently disabled Americans, of which roughly half, 179,000, are in default. While the administration tried to streamline...VIEW MORE

A career path in the nonprofit or public sector may lead to federal loan forgiveness. More than $130,000 in student debt, Leah Burke, a 33-year-old employed at a not-for-profit medical college in New York City, overheard a...VIEW MORE

Graduation day and commencement are just around the corner. If you’re a new graduate, or about to be one, donning a cap and gown signifies the end of that challenging and memorable four-year journey called college. After...VIEW MORE

“But how much have you saved for retirement?” That’s the question you should volley back in response to someone boasting how she paid off her entire student loan debt in only two years. Because while conquering student...VIEW MORE

Next school year, federal student loan interest rates will drop to the lowest they’ve been in a decade. Beginning next school year, federal student loan interest rates will drop to the lowest they’ve been in a decade....VIEW MORE

When Kristin and Sean Couch were ready to buy their first home, they feared that one thing would hold them back: Kristin’s student loans. Her broadcast journalism master’s degree from Syracuse University had left her more than...VIEW MORE

In investment annals, the story of student loan debt isn’t too often told, let alone treated with any sense of urgency. After all, what do portfolios, capital gains or passive income have to do with paying off...VIEW MORE

This spring’s college seniors are about to set another record for student debt. But they’re also likely to find a job and make a decent starting salary. About seven in 10 seniors set to graduate this spring...VIEW MORE

Headlines

June 15, 2017

For most borrowers, federal student loans don’t go away until you pay them off. But in rare cases, the government will discharge the remaining balance of your student loans. In fact, there are seven options for student...VIEW MORE

June 14, 2017

Americans now hold more student loan debt than ever before, and many workers must pay off loans before they can start thinking about their financial future. Last week, Memphis announced the launch of a Student Loan Reduction...VIEW MORE

June 08, 2017

The Education Department said Tuesday that the hundreds of thousands of doctors, lawyers, teachers and social workers on track for a form of student loan forgiveness will not be affected by President Trump’s proposal to get rid...VIEW MORE

June 07, 2017

Curry Oglesby knows the challenges firsthand of trying to pay down her debt and also plan for her future. “It’s not like I have savings right now,” she said. The 30-year-old graduated from Howard University in 2009...VIEW MORE